A high-growth investment fund has been launched by Norwich Union .

Growth and value strategies will be combined in a single investment portfolio which is designed by JPMorgan Asset Management to outperform in all stock market conditions.

Value and growth investing will support the investment fund's high growth rate, the investment provider says.

Fund managers will look for stock market investments where earnings are growing faster than the market supported by good news, as well as opting for value investment, which involves opting for stocks that are out of fashion but fundamentally sound investments.

The combination of these two investment styles in a single portfolio would enable consistent outperformance, the life insurance company says, because the investment styles will complement each other.

This is an exciting fund launch that will interest advisers and their customers who are looking for growth, but who want a fund that is flexible and makes the most of different market conditions, comments Neil Davies, the director of investment at Norwich Union.

He says the investment fund offers further choice to customers, while demonstrating the insurance company's clear commitment to customers and the investment market.

The launch of the investment fund is scheduled for March 6th.